Cooking Champions Charity No. 1201150
# TRUSTEES’ ANNUAL REPORT AND UNAUDITED ACCOUNTS _30th November 2024_
COOKING CHAMPIONS TRUSTEE ANNUAL REPORT
The trustees present their report and financial statements for the year ended 30 November 2024. The trustees confirm that the financial statements comply with current statutory requirements: the Memorandum and Articles of Association and the Statement Of Recommended Practice - Accounting and Reporting by Charities (SORP), applicable to charities preparing their accounts in accordance with FRS 102, and Part 11 of the Charities Act 2011.
## REFERENCE AND ADMINISTRATIVE DETAILS
## **Charity No. 1201150**
## **Company No. CE030830**
## **Registered Office**
St. Matthew’s Vicarage 1 Church Road Enfield EN3 4NT
## **Trustees**
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
Omari Chambers-Alert (resigned 1st February 2024) Samuel Kagwi Sanasum Perera Suzanna Gillespie (resigned 30th November 2024) Caroline Armstrong (appointed 30th November 2024)
## **Accountants**
Luna Muncaster Ltd 40 Vera Avenue Grange Park London N21 1RG
## **Bankers**
Metro Bank 1-3 Market Chambers Church Street Enfield EN2 6AA
Page 1
COOKING CHAMPIONS TRUSTEE ANNUAL REPORT
## STRUCTURE, GOVERNANCE AND MANAGEMENT
Cooking Champions is a registered Charity and a Charitable Incorporated Organisation (CIO). It is governed by a Constitution.
During the year, there were a minimum of three Trustees on the Board. The Board meets at least four times a year. It sets the strategic direction for the organisation and has the overall responsibility for the running of Cooking Champions, which is delegated on a day to day operational basis to the Chief Executive, Clare Donovan.
Board meetings consist of an operational update, provided by Clare Donovan and the executive team, a financial update and a strategic forward look.
The Board is involved in the drafting, review and approval of all relevant policies and procedures for Cooking Champions. All Cooking Champions Trustees and Staff are required to undertake online courses in safeguarding. Trustees are also provided with access to training materials via ICAEW.
Sanasum Perera is the Chair of the Board. Omari Chambers-Alert and Suzanna Gillespie acted as Trustees during the year and stepped down during the year to which this report relates. Caroline Armstrong was recruited and joined the trustee board at the end of the year to ensure that the Charity governing document stipulation of a minimum of three Trustees was met. The Board and the Executive team undertake an annual Trustee skills review to identify any gaps and if additional expertise is required. Cooking Champions will be seeking to recruit an additional two Trustees during 2025.
All Trustees act on a voluntary basis, and have not received any remuneration from Cooking Champions during the year.
Page 2
COOKING CHAMPIONS TRUSTEE ANNUAL REPORT
## ANNUAL REVIEW
## **Summary**
Cooking Champions has been supporting the people of North London since the start of the pandemic in 2020.
After gaining charitable status in November in 2022, we have spent the year further establishing the charity in the local community and a full year of activities in our community kitchen.
We have continued to provide food support, education and training across North London. This includes over four years of continuous weekly food bank services. Highlights of the year include celebrating our kitchen’s second birthday, working throughout the year to deliver the highest quality cooking lessons, our first ever fundraising gala dinner and celebrating five years of providing meals on Christmas Day.
Similar to last year, we have seen a further increase in demand for our food support services. Year on year figures show a 53% increase in the number of bags of food we have distributed.
The trustees are hugely grateful to our fantastic executive team, led by Clare Donovan, and all our volunteers, without whom the Charity would not function.
The Board of Trustees are proud of the services Cooking Champions has provided over the past year, and we look forward to continuing to work with our CEO, staff and volunteers in providing services to alleviate poverty through food support, education and training.
## OBJECTIVES AND ACHIEVEMENTS
## **Objectives**
The objective of Cooking Champions is the relief of poverty in London and the surrounding area by providing food parcels, prepared meals, food education and support through a community kitchen for people in financial hardship. The trustees understand their responsibility to keep this public benefit central to the work and activities. Cooking Champions principally operates in the London Boroughs of Enfield.
Cooking Champions uses self employed individuals to deliver its services and funds the work through donations, grants and general fundraising. In addition, the charity also uses an extensive team of volunteers to provide its services and support the local community.
In order to strengthen our level of support we are also working with other charities and local community organisations to alleviate poverty and increase food security such as The Felix Project, Food Bank Aid and Enfield Women’s Centre.
Page 3
COOKING CHAMPIONS TRUSTEE ANNUAL REPORT
## **Achievements and performance throughout the year.**
## _Food Support_
Food support, via a food bank, was provided twice a week, every single week for people across the London Borough of Enfield. The service was available for people to select their own food in person at our food bank, or a delivery service was offered for those who could not attend easily. 9,067 bags of food were provided throughout the year December 2023 - November 2024.
Max Carne joined in September as Food Bank Supervisor as Keeley Forbes moved from this role to Assistant Manager. Since his appointment the food bank team designed and implemented a new referral system to ensure that our resources are being distributed as fairly as possible. This is especially important as our services are more in demand than ever before. Food bank information has been made available in several different languages (i.e Bulgarian, Turkish, Arabic) and we have worked with translators to help support recipients whose first language is not English.
## _Meals made_
Cooking Champions staff and volunteers made 6,897 meals between December 2023 and November 2024. This includes meals served at our community lunches, distributed at our food bank and to support other charities including The Little Things UK, AgeUK Enfield and Enfield Women’s Centre. The majority of the meals we make are made using produce from The Felix Project. As a team we are able to use our cooking skills and creative thinking to provide nutritious and tasty meals and avoid ultra processed ingredients as much as possible.
## _Palmers Green Food Festival_
For the past four years, Cooking Champions has proudly organised the Palmers Green Food Festival, a vibrant celebration of food, culture, and community held annually in Broomfield Park. As the lead organiser of the food and drinks village, Cooking Champions curates a diverse array of local vendors, offering everything from global street food to artisan treats. The festival features live music, family-friendly activities, and showcases the rich culinary diversity of North London.
The event has grown each year, creating opportunities for local businesses, encouraging cultural exchange, and putting good food at the heart of a joyful, inclusive community celebration.
## _Fundraising Gala Dinner_
In March 2024, to mark International Women’s Day, St Matthew’s Church in Ponders End was transformed into an enchanting dining space for a special fundraising event. The Inspiring Women’s Gala Dinner, sponsored by travel company echo.bravo, brought together a diverse gathering of over 70 attendees who were treated to a 4-course dinner by 4 professional chefs Dominique Woolf, Melissa Thompson, Thuy Pham, and Georgina Hayden.
Page 4
COOKING CHAMPIONS TRUSTEE ANNUAL REPORT
The event also offered musical entertainment and a special awards ceremony where Cooking Champions recognised 14 local women during the gala for their exemplary contributions to their North London communities.
## _Edmonton Green Library Garden_
Cooking Champions were commissioned to lead the transformation of a disused space behind Edmonton Green Library into a thriving community garden and learning hub. This “Grow, Feed, Eat, Read” project was developed and delivered by Cooking Champions to engage young people in growing their own food, learning to cook nutritious meals, and improving literacy.
The garden offers a welcoming, educational space where young people can connect with nature and gain vital life skills. This initiative reflects Cooking Champions' ongoing commitment to supporting the community through food, education, and inclusive, creative spaces.
## _Enfield Town Football Club_
Cooking Champions is the official catering partner of Enfield Town FC, serving high-quality food on match days at the Dave Bryant Stadium. This partnership not only enhances the fan experience but also funds the charity’s vital food support services. All profits go directly towards providing weekly meals and food parcels to residents. The collaboration also offers paid hospitality training for local young people, aligning with the organisations' community-focused values.
## _New Van_
Our new van has been a game-changer for Cooking Champions. It has allowed us to transport larger quantities of food safely and efficiently, supporting the growing demand for our weekly community meals. We can now collect more surplus food from partners like Food Bank Aid, reducing waste and increasing the number of meals we provide.
It’s made our work more flexible, reliable and far-reaching, helping us respond to community needs more effectively throughout the year. It’s become an essential part of our day-to-day operations.
## _Christmas Lunches and Festive Services_
2024 marked our fifth year of hosting Community Christmas Lunches. We welcomed a mix of returning guests and first-time visitors, offering a warm, fun and inclusive space during what can be a difficult time of year. One guest shared, “If it wasn’t for you I wouldn’t have had a Christmas”. That was a powerful reminder of why we do this work. Our incredible volunteers made it all possible, from prepping food to creating a festive, welcoming atmosphere.
Page 5
COOKING CHAMPIONS TRUSTEE ANNUAL REPORT
## FINANCIAL REVIEW
## **Financial position**
Cooking Champions financial position is solid, with total assets available at 30 November 2024 of £59,696. Of this, £41,831 is unrestricted usable cash reserves.
## **Financial performance**
Our total income for the year ended 30 November 2024 was £145,217 and our expenditure was £138,218 (including depreciation of £6,080), generating a surplus in our second year of £6,999. Of total income received, 73% of our income was from grants and donations. Grants were typically for delivery of a specific project e.g. the delivery of hot lunches for the community.
A regular donor to the charity is Seren Catering which is an events catering business set up by CEO, Clare Donovan which provides all profits to Cooking Champions. The remaining 27% came from income from charitable activities which was predominantly the Edmonton Library Garden Project.
Most of our expenditure relates to staffing costs (£101,878), followed by food, garden and kitchen costs (£13,566), and premises costs (£10,234) which are principally electricity bills. We also invested in assets during the year which included the purchasing of a van and equipping our Community Kitchen.
Cooking Champions has no financial investments or borrowings and awards no grants.
Although Cooking Champions is in a relatively strong financial position it operates in a difficult economic climate, which impacts our service users and staff directly as well as the organisation itself. Whilst it is encouraging to see the rate of inflation falling it should not be forgotten that prices are still rising. Pressures still remain with food and energy prices in particular, and our service users are reporting ongoing challenges with the cost of living. The economic climate also impacts on the availability of local government funding.
## **Reserves policy**
Cooking Champions has determined that its level of unrestricted usable cash reserves should be three months of operational costs. Our usable cash reserves stood at £41,831 as at 30 November 2024 which falls above the policy requirement. Reserves may temporarily fall below this amount if investment is needed - in such a case this would need to be approved by the Board of Trustees.
Page 6
COOKING CHAMPIONS TRUSTEE ANNUAL REPORT
## **Principal risks**
The Trustees and the Executive team have identified the following key risks to the ongoing operations of Cooking Champions.
They have taken necessary steps to minimise these. Overall, the Trustees and Executive team feel that the following risks are being effectively managed. Key risks are discussed at Trustee meetings.
## **1. Staff and Volunteers**
As a small Charity, our people are critical to making things work well. Our Founder and CEO, Clare Donovan, is essential to the smooth running of the Cooking Champions operations and takes on responsibilities in many areas.
We are grateful to our many volunteers and are continually looking to expand our base for those who want to be involved.
## **2. Food Supplies**
The charity is reliant on four main sources of food: Food Bank Aid, The Felix Project, Warbutons and public donations.
## **3. Income Diversification**
The Charity is continuously looking for new funding sources - whether through grant applications, fundraising events or connecting through the local community.
## **4. Trustee Board**
A minimum of three Trustees are required to take decisions under the governing documents, with Cooking Champions aiming to have at least four Trustees in place. We conduct an annual review of whether the Trustee Board collectively has the right skill set to meet the needs of the Charity as it grows. We are looking to increase the number of Trustees and will be recruiting in the coming year.
Page 7
COOKING CHAMPIONS TRUSTEE ANNUAL REPORT
## FINANCIAL REVIEW
The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and accounting estimates that are reasonable and prudent;
- state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the
Companies Act 2006 and Charities Act 2011. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to charitable incorporated organisations (CIOs) and in accordance with the Charities SORP (FRS 102). A CIO is a charity registered as a body corporate under Part 11 of the Charities Act 2011.
## **Signed on behalf of the board**
Sanasum Perera Trustee 24th April 2025
Page 8
COOKING CHAMPIONS TRUSTEE ANNUAL REPORT
## INDEPENDENT EXAMINER’S REPORT
I report to the charity Trustees on my examination of the financial statements of Cooking Champions for the year ended 30 November 2024.
## **Responsibilities and basis of report**
As the charitable company's Trustees, you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act).
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act').
In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:
- accounting records were not kept in accordance with section 386 of the 2006 Act ; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
- the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Mrs Luna Muncaster Associate Chartered Accountant (ICAEW) Luna Muncaster Ltd 40 Vera Avenue Grange Park London N21 1RG 24th April 2025
Page 9
## **Cooking Champions Statement of Financial Activities**
## **for the year ended 30 November 2024**
|**Notes**
**Income from:**
Donations and legacies
3
Charitable activities
4
**Total**
**Expenditure on:**
Charitable activities
5
Other
6
**Total**
Net gains on investments
**Net income**
7
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2024**
**£**
78,083
2,504|**Restricted**
**funds**
**2024**
**£**
28,289
36,341|**Total funds**
**2024**
**£**
106,372
38,845|**Total funds**
**2023**
**£**
107,694
51,625|
|---|---|---|---|---|
||80,587
21,875
64,768|64,630
51,575
-|145,217
73,450
64,768|159,319
31,719
106,850|
||86,643
-|51,575
-|138,218
-|138,569
-|
||(6,056)
-|13,055
-|6,999
-|20,750
-|
||(6,056)|13,055|6,999|20,750|
||(6,056)
47,887|13,055
4,810|6,999
52,697|20,750
-|
||41,831|17,865|59,696|20,750|
Page 10
**Cooking Champions Summary Income and Expenditure Account**
## **for the year ended 30 November 2024**
|Income
**Gross income for the year**
Expenditure
Depreciation and charges for
impairment of fixed assets
**Total expenditure for the year**
Net income before tax for the year
**Net income for the year**|**2024**
**£**
145,217
145,217
132,138
6,080
138,218
6,999
6,999|**2023**
**£**
159,319|
|---|---|---|
|||159,319|
|||136,381
2,188|
|||138,569|
|||20,750|
|||20,750|
Page 11
**Cooking Champions Balance Sheet**
## **at 30 November 2024**
|**Company No.**
**CE030830**
**Notes**
**2024**
**£**
**Fixed assets**
Tangible assets
9
21,632
21,632
**Current assets**
Cash at bank and in hand
38,964
38,964
**Creditors:**Amount falling due within one year
10
(900)
**Net current assets**
38,064
**Total assets less current liabilities**
59,696
**Net assets excluding pension asset or liability**
59,696
**Total net assets**
59,696
**The funds of the charity**
**Restricted funds**
11
Restricted income funds
17,865
17,865
**Unrestricted funds**
11
General funds
41,831
41,831
**Reserves**
11
**Total funds**
59,696|**2023**
**£**
8,750|
|---|---|
||8,750
43,947|
||43,947
-|
||43,947
52,697|
||52,697|
||52,697|
||4,810|
||4,810
47,887|
||47,887|
||52,697|
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 30 November 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 16 April 2025
And signed on its behalf by:
Sanasum Perera Chair of Trustees 16 April 2025
Page 12
**Cooking Champions Statement of Cash flows for the year ended 30 November 2024**
|**Cash flows from operating activities**
**Net income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Increase in trade and other payables
**Net cash provided by operating activities**
**Cash flows from investing activities**
Payments for property, plant and equipment
**Net cash used in investing activities**
**Net cash from financing activities**
**Net (decrease)/increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**
**Components of cash and cash equivalents**
Cash and bank balances|**2024**
**£**
6,999
6,080
900
13,979
(18,962)
(18,962)
-
(4,983)
43,947
38,964
38,964
38,964|**2023**
**£**
20,750
2,188
31,947|
|---|---|---|
|||54,885
(10,938)|
|||(10,938)|
||||
|||-|
||||
|||43,947|
|||-|
|||43,947|
||||
|||43,947|
||||
|||43,947|
Page 13
**Cooking Champions Notes to the Accounts**
## **for the year ended 30 November 2024**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 14
**Cooking Champions Notes to the Accounts**
## **Expenditure**
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT expenditure which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
|useful life:||
|---|---|
|motor vehicles|20% reducing balance|
|fixtures, fittings and
equipment|20% straight line|
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Page 15
**Cooking Champions Notes to the Accounts**
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
## 2 **Statement of Financial Activities - prior year**
|**Income from:**
Donations and legacies
Charitable activities
**Total**
**Expenditure on:**
Charitable activities
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
**Total funds carried forward**|**Unrestricted**
**funds**
**2023**
**£**
71,124
20,877
92,001
25,200
50,861
76,061
15,940
15,940
15,940
15,940|**Restricted**
**funds**
**2023**
**£**
36,570
30,748
67,318
6,519
55,989
62,508
4,810
4,810
4,810
4,810|**Total funds**
**2023**
**£**
107,694
51,625|
|---|---|---|---|
||||159,319
31,719
106,850|
||||138,569|
||||20,750|
||||20,750|
||||20,750|
||||20,750|
Page 16
## **Cooking Champions Notes to the Accounts**
## 3 **Income from donations and legacies**
|The National Lottery
Seren Catering
London Catalyst
Golden Giving
'R' Voices
London Borough of Enfield
Rank Foundation
Anonymous donor 1
Anonymous donor 2
EVA Sugar Swap Grant
Old Enfield Charitable Trust
AKO Foundation
Echo Bravo
Enfield Golf Club
Benton Woodroffe
Pearsons Enfield
Just Giving
Stripe
Go Fund Me
Other
4
**Income from charitable activities**
LBE Edmonton Library
Garden Project
London Borough of Enfield
Square
The Greek Orthodox
Foodbank
Mayor's Fund for London
Income from Food Festival
Other|**Unrestricted**
**£**
-
3,861
-
12,860
1,006
-
-
10,000
-
-
-
7,000
2,000
964
1,000
1,803
4,111
3,176
9,501
20,801
78,083
**Unrestricted**
**£**
-
-
-
-
1,103
1,401
2,504|**Restricted**
**£**
19,850
-
-
-
-
-
-
-
-
6,899
1,540
-
-
-
-
-
-
-
-
-
28,289
**Restricted**
**£**
30,000
-
-
6,341
-
-
36,341|**Total**
**2024**
**£**
19,850
3,861
-
12,860
1,006
-
-
10,000
-
6,899
1,540
7,000
2,000
964
1,000
1,803
4,111
3,176
9,501
20,801
106,372
**Total**
**2024**
**£**
30,000
-
-
6,341
1,103
1,401
38,845|**Total**
**2023**
**£**
19,260
8,600
2,000
9,781
2,774
5,310
4,000
10,000
20,000
-
-
-
-
-
-
-
-
-
4,183
21,786|
|---|---|---|---|---|
|||||107,694|
|||||**Total**
**2023**
**£**
-
36,040
5,463
4,760
-
-
5,362|
|||||51,625|
In 2023,of the total income from charitable activities, £30,748 was from restricted funds.
Page 17
**Cooking Champions Notes to the Accounts**
|5
**Expenditure on charitable activities**
**Unrestricted**
**£**
_Expenditure on charitable_
_activities_
Food, garden, small kitchen
equipment and purchases
9,744
Direct wages
12,131
21,875
6
**Other expenditure**
Employee costs
Motor and travel costs
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
7
**Net income before transfers**
This is stated after charging:
Depreciation of owned fixed assets
8
**Staff costs**
Salaries and wages (including subcontractors)|**Restricted**
**£**
3,822
47,753
51,575
**Unrestricted**
**£**
42,026
1,660
10,234
6,080
3,868
900
64,768
**2024**
**£**
6,080
**2024**
101,878
101,878|**Total**
**2024**
**£**
13,566
59,884
73,450
**Total**
**2024**
**£**
42,026
1,660
10,234
6,080
3,868
900
64,768|**Total**
**2023**
**£**
22,384
9,335|
|---|---|---|---|
||||31,719|
||||**Total**
**2023**
**£**
90,837
12
8,990
2,188
3,564
1,259|
||||106,850|
||||**2023**
**£**
2,188
**2023**
100,172|
||||100,172|
No employee received emoluments in excess of £60,000. "Employee costs" and "staff costs" for the purposes of these accounts include key management personnel who work on a self-employed basis.
Page 18
**Cooking Champions Notes to the Accounts**
## 9 **Tangible fixed assets**
|9
**Tangible fixed assets**||||
|---|---|---|---|
|**Cost or revaluation**
At 1 December 2023
Additions
At 30 November 2024
**Depreciation and**
**impairment**
At 1 December 2023
Depreciation charge for the
year
At 30 November 2024
**Net book values**
At 30 November 2024
At 30 November 2023
10 **Creditors:**
amounts falling due within one year
Accruals|**motor**
**vehicles**
**£**
-
16,886
16,886
-
3,477
3,477
13,409
-
**2024**
**£**
900
900|**fixtures,**
**fittings and**
**equipment**
**£**
10,938
2,076
13,014
2,188
2,603
4,791
8,223
8,750|**Total**
**£**
10,938
18,962|
||||29,900|
||||2,188
6,080|
||||8,268|
||||21,632|
||||8,750|
||||**2023**
**£**
-|
||||-|
Page 19
**Cooking Champions Notes to the Accounts**
## 11 **Movement in funds**
|**Restricted funds:**
**Restricted income funds:**
TNL Soulfood
Mayor's Fund For London
EVA Sugar Swap Grant
TNL Community Fund
LBE Edmonton Library
Garden Project
Old Enfield Charitable Trust
_Total_
**Unrestricted funds:**
**General funds**
**Total funds**|**At 1**
**December**
**2023**
4,810
-
-
-
-
-
4,810
47,887
52,697|**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**
-
6,341
6,899
19,850
30,000
1,540
64,630
80,587
145,217|**Resources**
**expended**
**£**
(4,810)
(6,341)
(6,899)
(1,985)
(30,000)
(1,540)
(51,575)
(86,643)
(138,218)|**At 30**
**November**
**2024**
**£**
-
-
-
17,865
-
-|
|---|---|---|---|---|
|||||17,865|
|||||41,831|
|||||59,696|
Purposes and restrictions in relation to the funds:
Restricted funds: TNL Soulfood Provision of cooking lessons to ensure family recipes are shared with the local community Mayor's Fund For London Provision of children's cooking lessons EVA Sugar Swap Grant Provision of cooking lessons with children focused on swapping high sugar items for healthier options TNL Community Fund Provision of hot meals to the local community LBE Edmonton Library To create a community garden based at Edmonton library Garden Project Old Enfield Charitable Trust Provision of cooking lessons
- 12 **Analysis of net assets between funds**
|**Analysis of net assets between funds**|||
|---|---|---|
|Fixed assets
Net current assets|**Unrestricted**
**funds**
**£**
21,632
38,064
59,696|**Total**
**£**
21,632
38,064|
|||59,696|
Page 20
**Cooking Champions Notes to the Accounts**
## 13 **Reconciliation of net debt**
|**Reconciliation of net debt**||||
|---|---|---|---|
|Cash and cash equivalents
Net debt|**At 1**
**December**
**2023**
**£**|**Cash flows**
**£**|**At 30**
**November**
**2024**
**£**|
||43,947|(4,983)|38,964|
||43,947
43,947|(4,983)
(4,983)|38,964|
||||38,964|
## 14 **Related party disclosures**
## _**Controlling party**_
The entity is a registered Charitable Incorporated Organisation and has no share capital; thus no single party controls the charity.
Page 21
**Cooking Champions Detailed Statement of Financial Activities**
## **for the year ended 30 November 2024**
|**Income from:**
Donations and legacies
The National Lottery
Seren Catering
London Catalyst
Golden Giving
'R' Voices
London Borough of Enfield
Rank Foundation
Anonymous donor 1
Anonymous donor 2
EVA Sugar Swap Grant
Old Enfield Charitable Trust
AKO Foundation
Echo Bravo
Enfield Golf Club
Benton Woodroffe
Pearsons Enfield
Just Giving
Stripe
Go Fund Me
Other
Charitable activities
LBE Edmonton Library Garden
Project
London Borough of Enfield
Square
The Greek Orthodox Foodbank
Mayor's Fund for London
Income from Food Festival
Other
**Total income**
**Expenditure on:**
Charitable activities|**Unrestricted**
**funds**
**2024**
**£**
-
3,861
-
12,860
1,006
-
-
10,000
-
-
-
7,000
2,000
964
1,000
1,803
4,111
3,176
9,501
20,801
78,083
-
-
-
-
1,103
1,401
2,504
80,587|**Restricted**
**funds**
**2024**
**£**
19,850
-
-
-
-
-
-
-
-
6,899
1,540
-
-
-
-
-
-
-
-
-
28,289
30,000
-
-
6,341
-
-
36,341
64,630|**Total funds**
**2024**
**£**
19,850
3,861
-
12,860
1,006
-
-
10,000
-
6,899
1,540
7,000
2,000
964
1,000
1,803
4,111
3,176
9,501
20,801
106,372
30,000
-
-
6,341
1,103
1,401
38,845
145,217|**Total funds**
**2023**
**£**
19,260
8,600
2,000
9,781
2,774
5,310
4,000
10,000
20,000
-
-
-
-
-
-
-
-
-
4,183
21,786|
|---|---|---|---|---|
|||||107,694|
|||||-
36,040
5,463
4,760
-
5,362|
|||||51,625|
|||||159,319|
Page 22
## **Cooking Champions**
## **Detailed Statement of Financial Activities**
|Food, garden, small kitchen
equipment and purchases
Direct wages
**Total expenditure on charitable**
**activities**
Employee costs
Salaries/wages
Staff training
Temporary staff
Motor and travel costs
Vehicles - Fuel and road tax
Vehicles - Insurance and
licences
Travel and subsistence
Premises costs
Rent
General administrative costs,
including depreciation and
amortisation
Depreciation of motor vehicles
Depreciation of fixtures, fittings
and equipment
General insurances
Software, IT support and
related costs
Stationery and printing
Subscriptions
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Audit/Independent
examination fees
Accountancy and bookkeeping
**Total expenditure on other costs**
**Total expenditure**
Net gains on investments
**Net income**|9,744
12,131
21,875
21,875
41,994
32
-
42,026
1,108
552
-
1,660
10,234
10,234
3,477
2,603
534
180
-
-
2,366
788
9,948
-
900
900
64,768
86,643
-
(6,056)|3,822
47,753
51,575
51,575
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
51,575
-
13,055|13,566
59,884
73,450
73,450
41,994
32
-
42,026
1,108
552
-
1,660
10,234
10,234
3,477
2,603
534
180
-
-
2,366
788
9,948
-
900
900
64,768
138,218
-
6,999|22,384
9,335|
|---|---|---|---|---|
|||||31,719|
|||||31,719
76,306
-
14,531|
|||||90,837|
|||||-
-
12|
|||||12|
|||||8,990|
|||||8,990|
|||||-
2,188
432
234
24
252
2,498
124|
|||||5,752|
|||||1,259
-|
|||||1,259|
||||||
|||||106,850|
|||||138,569
-|
|||||20,750|
Page 23
**Cooking Champions Detailed Statement of Financial Activities**
|**Cooking Champions**
**Detailed Statement of Financial Activities**|||||
|---|---|---|---|---|
|**Net income before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|(6,056)
-
(6,056)
47,887
41,831|13,055
-
13,055
4,810
17,865|6,999
-
6,999
52,697
59,696|20,750
-|
|||||20,750|
|||||-|
|||||20,750|
Page 24